Optimal allocation of resources over health care programmes: dealing with decreasing marginal utility and uncertainty

Maiwenn J Al, Talitha L Feenstra, Ben A van Hout

OnderzoeksoutputAcademicpeer review

29 Citaten (Scopus)

Samenvatting

This paper addresses the problem of how to value health care programmes with different ratios of costs to effects, specifically when taking into account that these costs and effects are uncertain. First, the traditional framework of maximising health effects with a given health care budget is extended to a flexible budget using a value function over money and health effects. Second, uncertainty surrounding costs and effects is included in the model using expected utility. Other approaches to uncertainty that do not specify a utility function are discussed and it is argued that these also include implicit notions about risk attitude.

Originele taal-2English
Pagina's (van-tot)655-67
Aantal pagina's13
TijdschriftHealth Economics
Volume14
Nummer van het tijdschrift7
DOI's
StatusPublished - jul-2005
Extern gepubliceerdJa

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